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Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 470,000 bottles were produced using

Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 470,000 bottles were produced using 15,000 labor hours @ $9.50. The standard wage rate is $8.50 per hour. Calculate the total variance for production labor for the month of April.

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